Link: Apply now for the Alaska Airlines Visa® Business card
The Alaska Business Visa card (review) is Alaska Mileage Plan’s co-branded business credit card in the United States. This is an excellent time to apply for the card, given the bonus that’s currently available. This is a card that I picked up some time back. In this post, I’d like to talk about my experience getting approved, and what you should consider if applying for the card.
In this post:
Why the Alaska Business Visa Card is worth having
The Alaska Business Visa card is offering an improved two-part welcome bonus. After spending $4,000 within the first 90 days, you can earn:
- 70,000 Alaska Mileage Plan bonus miles
- An Alaska companion fare from $122 ($99 fare plus taxes and fees from $23)
This is an excellent bonus — I value Alaska miles at 1.5 cents each, meaning the miles are worth $1,050 to me. That doesn’t even account for the value of the Alaska companion fare. There are lots of great uses of Mileage Plan miles, both for travel on Alaska and on partner airlines. I also find it super cool how when you redeem Mileage Plan miles, those flights now also count toward award status.
Even beyond the bonus, the card can be worth holding onto for the benefits, ranging from the ability to earn an Alaska companion fare with spending, to priority boarding, to a first checked bag free, to savings on inflight purchases, and more. Keep in mind that spending on the card can also count toward elite status.
For what it’s worth, the card’s annual fee starts at $95 — you pay $70 for the company, plus $25 for each user.
Alaska Business Visa Card application restrictions
Credit card issuers have different rules when it comes to getting approved for cards. Bank of America is perhaps one of the more mysterious card issuers when it comes to approval restrictions, as there’s not really a consensus as to what the restrictions are.
If you look at the terms & conditions when pulling up the Alaska Business Visa Card application, you’ll see the bonus is referred to as a “one-time promotion.”
That being said, many report that Bank of America business cards are much easier to be approved for than personal cards, and also come with fewer restrictions. Here are a few things to keep in mind:
- Anecdotally, most of the reports that I see suggest that the Alaska Business Visa Card is one of the easier business cards to get approved for, with many people reporting instant approvals
- While you generally can’t earn the bonus on personal Bank of America cards if you’ve had a card in the past 24 months, anecdotally that restriction doesn’t seem to apply to Bank of America business cards
- It’s totally fine to have both this card, plus the personal version of the card, which is the Alaska Airlines Visa Signature® credit card (review); that card also has an excellent bonus, and there are lots of reasons to consider applying
- There are some reports of Bank of America having a 2/3/4 rule, whereby you can be approved for at most two Bank of America cards every two months, three every 12 months, and four every 24 months
- There are also some reports that you can be approved for at most two Alaska Bank of America cards every 24 months, though there are inconsistent experiences there
- You can apply for this card if you have a sole proprietorship, in which case you’d want to put your Social Security Number in the space that asks for your federal tax ID
- If you’re concerned about Chase’s 5/24 limit (even though it’s no longer consistently enforced), picking up this card won’t count as a further card toward that limit
As you can see, there’s not a whole lot here that everyone can agree on. What we do know is that the business version of the card seems to have fewer eligibility restrictions than the personal version of the card. It can always be worth applying and seeing if you get approved. Keep in mind that there’s limited downside to being denied for a card.
If you do end up applying, I’d certainly appreciate if you could leave a comment with a data point sharing your experience, including whether you were approved or denied, how many Bank of America cards you have/had, if you’ve had Alaska cards, etc. That’ll help others to decide whether they should apply or not.
My experience applying for the Alaska Business Visa Card
The Alaska Business Visa card application process is a single page, and is quite straightforward. The first part of the application is dedicated to business information, while the second part is dedicated to personal information.
When I applied, I was delighted to receive instant approval after completing the application — woot!
Bottom line
The Alaska Business Visa Card is currently offering a huge welcome bonus, which could score you some great award travel in first and business class, plus an Alaska companion fare. I recommend picking up this card if you’re eligible, between the welcome bonus, the relatively easy approval and eligibility, and the great ongoing perks for such a reasonable annual fee card.
If you’ve applied for the Alaska Business Visa Card, please report back with your experience!
Lucky, Can you give more information about your above comment regarding Chase 5/24 being inconsistent?
Curious if you mean people are able to get approval if they are over 5/24 or something else? A couple years ago I was over 5/24 and when I called Chase and the agent scolded me for having opened so many cars recently. He seemed to know about all the personal and business cards I had opened in the...
Lucky, Can you give more information about your above comment regarding Chase 5/24 being inconsistent?
Curious if you mean people are able to get approval if they are over 5/24 or something else? A couple years ago I was over 5/24 and when I called Chase and the agent scolded me for having opened so many cars recently. He seemed to know about all the personal and business cards I had opened in the last 24 months.
This made me think they were taking business cards into consideration regarding 5/24.
Thanks!
I just received an 80,000 mile + companion fare offer on the personal card via mail
Do AS MileagePlan members get denied, or is it just non-members? I was instantly approved for both the business and personal versions, but I am AS MVP Gold 100K and applied through the AS website. I was denied for the BoA AF/KLM card in the past, but last week I was approved. The difference? I am now Flying Blue Gold. Maybe the co-brand partner matters for co-branded credit cards?
Or you used a direct Alaska website link instead of Lucky’s referral click-through? #catpigeons
Just got denied. Waiting for letter of explanation.
I was instantly approved last week for 10k after getting denied 6 months ago. I learned having relationships with them improve the odds. I opened a checking account 3 months ago and that probably helped.
Applies 1/10 and instantly denied... waiting for the letter to know why. Haven't opened a card in 4 mo., haven't opened a personal card in 8 mo.
I applied and was denied. We had this card years ago. We have the personal card as well. I applied for another personal card and was instantly approve.
This is the only card I've ever been denied. Applied for my S-Corp and was asked to send some additional documentation, which I did and they still denied me. Never again.
Applied 1/15, instantly denied. Never had this card and waiting for their denial letter as well.
Received instant approval on January 11 for $8,000. It will be my only BofA card until the Hawaiian converts from Barclays. I held the Alaska personal Visa in 2023.
Can more than one person have this card at the same time, for the SAME business?
Citi doesn’t allow this, but Amex does. Any data points?
Yes, but it's YMMV if within the past 24 months. I currently hold two of the same business card for the same business. 12 months apart.
Applied yesterday, never had a BofA card, instantly denied. Waiting to see the reason as well
My wife got insta-denied last night, waiting on the reasons. She's never had bofa. Her last cards were 2 personal and 1 biz (all AA) in October
I've had "several" and two peculiar things (of several) with BOA Biz is that you get a "corporate" account and a "card" account with the second flowing to the first monthly. Also, with every one of my cards, even though i give my Alaska FF # on the application, the SUB is sent to a "new" card number you can't find. The easy solution is that you phone Alaska awards and they know how to...
I've had "several" and two peculiar things (of several) with BOA Biz is that you get a "corporate" account and a "card" account with the second flowing to the first monthly. Also, with every one of my cards, even though i give my Alaska FF # on the application, the SUB is sent to a "new" card number you can't find. The easy solution is that you phone Alaska awards and they know how to fix this from many repeats. I'm pretty sure the same lady at Alaska always went out searching for my sub points and always found and combined them in 5 minutes.
It's not unusual in the sense that ALL of BofA and US Bank business cards do the same thing. A tad annoying, but it is what it is. I think M&T Business cards also have the same "feature".
I got denied yesterday. Waiting for the letter. Kind of expected though since I just closed the card in 2024. Was hoping to test and see if the 24-month rule applies. It seemed so..
I have the BofA Alaska Business that I got the SUB for in 1/30/24. The card is still active. Applied for and got ANOTHER one last week. So it's a YMMV for the 24-month rule. The ultimate question is whether or not the "new" 2/24 rule (you cannot have more than 2 Alaska cards in 24 months) is real/enforced. AND is it for like cards, or total cards (ie: one personal + one business, or you can have no more than 2 personal + 2 business).
Did you use a referral link to get extra points. I just got approved and am considering sending my gf a link so I can get referral bonus and she can get her normal bonus. Do you know if the referral link also provides a 70k bonus to the recipient?
@ Frank -- I don't believe there's a refer-a-friend option for the business version of the Alaska card.